In a dramatic surge, Shiba Inu''s (SHIB) token burn rate increased by an astounding 1,869% within just 24 hours, as reported on June 13, 2025. According to data from Shibburn.com, approximately 4.58 million SHIB tokens were permanently removed from circulation. This significant spike was primarily driven by two large transactions originating from a Coinbase-linked wallet, which collectively accounted for 4.47 million of the burned tokens. While the percentage increase is eye-catching, the actual number of tokens burned remains a tiny fraction of SHIB''s total supply of 589 trillion. This development comes amid a period of price stabilization for the meme-inspired cryptocurrency, sparking discussions about its potential long-term impact on SHIB''s market dynamics.
Shiba Inu Burn Rate Surges 1,869% in 24 Hours Amid Price Stabilization
Shiba Inu''s token burn rate skyrocketed by 1,869% within a single day, with 4.58 million SHIB tokens permanently removed from circulation. The spike, tracked by Shibburn.com, was driven by two large transactions originating from a Coinbase-linked wallet, collectively accounting for 4.47 million SHIB.
Despite the dramatic percentage increase, the burned tokens represent a negligible fraction of SHIB''s 589 trillion total supply. The burn activity coincides with SHIB''s attempt to consolidate above $0.000013, highlighting the ongoing tension between speculative mechanics and fundamental tokenomics in meme coin markets.
Shiba Inu Burn Rate Spikes 103,222% as Exchange Outflows Signal Accumulation
Shiba Inu''s SHIB token recorded a staggering 103,222% surge in its 24-hour burn rate, destroying over 102 million tokens. This aggressive supply reduction comes amid a 3% price dip, potentially setting the stage for renewed bullish momentum.
Exchange data reveals significant accumulation, with 25.19 billion SHIB leaving trading platforms—a 144.3% outflow increase. The token currently tests key resistance NEAR $0.0000120 after bouncing from established support between $0.0000100-$0.0000120.
Technical patterns show SHIB trading within a descending channel, with a potential breakout looming if price closes above the upper trendline. Historical data suggests burn rate spikes often precede periods of heightened trader interest and reduced selling pressure.
Shiba Inu Faces Potential Death Cross Amid Technical Weakness
Shiba Inu''s price trajectory hangs in the balance as technical indicators flash warning signals. A looming death cross formation on the EMA chart suggests bearish momentum could accelerate unless buyers intervene. The meme coin now tests critical support levels, with traders awaiting confirmation of either breakdown or reversal.
Momentum metrics underscore the shift in sentiment. SHIB''s Relative Strength Index plunged from 62.8 to 44.31 within 24 hours, exiting bullish territory and entering neutral ground. This abrupt cooling reflects either profit-taking after recent gains or the early stages of more sustained selling pressure.
The RSI''s current neutral position at 44.31 leaves room for interpretation. Further decline toward oversold conditions below 30 could signal additional downside, while stabilization might foreshadow accumulation. Market participants now weigh whether this represents a healthy correction or the start of deeper retracement.
SHIB Faces Market Pressures as Lightchain AI Gains Investor Confidence
Shiba Inu (SHIB) struggles to sustain momentum amid heightened market volatility, with its price hovering at $0.00001445 after a modest 1.65% weekly gain. Analysts remain divided on its 2025 outlook, projecting targets between $0.00001126 and $0.00005797. The token''s reliance on speculative trading and lack of tangible utility continues to erode investor confidence.
Lightchain AI emerges as a formidable contender, securing $18.6 million in presale funding at $0.007 per token. Its fusion of blockchain and artificial intelligence addresses real-world use cases—a stark contrast to meme coins battling existential relevance. The project''s traction underscores a market shift toward foundational value over viral hype.
